Deutsche Boerse posts 9% first quarter revenue boost on hedging spike

The Frankfurt-based exchange group on Monday reported net revenue of €1.6 billion (£1.4bn) for the first quarter, 9% higher than the same period in 2025. Without treasury impact, the figure stood at €1.4 billion for the first three months, an increase of 12% on the same basis.

“The first quarter was marked by high volatility and geopolitical uncertainty,” Jens Schulte, chief financial officer of Deutsche Boerse said in a release. “Our business model has once again impressively demonstrated its strength and scalability. Coupled with continued structural growth, we have achieved a strong operational performance.”

The trading and clearing segment also rose 12% year-on-year, bringing in €737 million in net revenue. Growth was driven by financial derivatives, which rose 17% in the period t5o €372 million. Commodities rose 14% year-on-year, as power and gas hedging drove revenue on the European Energy Exchange (EEX) venues, to €173m.

“We again ensured stability and transparency in the market when they were most urgently needed,” Schulte added. “This demonstrates once more that we, as a central pillar of the capital market, can be relied upon.

“This success is a team effort and a merit of our committed employees worldwide. With this good start to the year, we are fully on track to achieve our ambitious goals for the full year.”